No debt relief for Greece, Germany's deputy finance minister says


  • World
  • Sunday, 26 Feb 2017

German Deputy Finance Minister Jens Spahn speaks during an interview with Reuters in Berlin, Germany October 4, 2016. REUTERS/Joachim Herrmann

BERLIN (Reuters) - Greece must not be granted a "bail in" that would involve creditors taking a loss on their loans, Germany's deputy finance minister said in an interview broadcast on Sunday, reiterating the German government's opposition to debt relief for Athens.

"There must not be a bail-in," Jens Spahn told German broadcaster Deutschlandfunk, according to a written transcript of the interview.

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